Tata Steel: Anand Rathi said the implementation of the CBAM in January has coincided with a sustained uptrend in EU steel prices, benefiting incumbents such as Tata Steel.
Alongside TCS, the brokerage has named LTIMindtree Ltd and Persistent Systems Ltd as its top picks, with a ‘Buy’ call on both
Geojit remains positive about the Tata Group firm, noting that, despite macroeconomic and competitive pressures, the company's domain expertise, design-led approach, and offshore execution position it for sustained recovery.
Tata Group-owned retail chain Trent Ltd has been on a free-fall for the last one and a half year as the stock has tanked nearly 60 per cent from its peak.
The guidelines state that even underweight and overweight crew members will be derostered initially and asked to undergo functional assessments
Chandrasekaran leads Tata Sons, the holding company and promoter of more than 100 Tata operating companies with combined annual revenues exceeding $100 billion.
Tejas Networks stock rose 7.82% to Rs 457.30 in the current session against the previous close of Rs 424.10.
The recent surge in the stock came amid a series of bulk transactions on the exchanges. Major participants in these deals included Elixir Wealth Management, HRTI Pvt Ltd, IRAGE Broking Services, Jump Trading Financial India, Junomoneta Finsol, Microcurves Trading, NK Securities Research, QE Securities, QICAP Markets, CLT Research and others.
Thanks to concerns around emerging Genetic-AI and its potential impact on IT demand, shares of Tata Group flagship TCS have seen a derating of late. Of the 44 analyst calls on the stock, 17 suggest a ‘Strong Buy’.
Tejas Networks shares rose 9.10% to Rs 529.65 today against the previous close of Rs 485.45.
Tata Sons Chairman N Chandrasekaran expressed his happiness at being in Jamshedpur for Founder's Day, describing the city and Tata Steel as a "birth place" and noting that it is "always a very very special moment" to visit. Speaking on March 3, he highlighted the company's longevity, stating it is "going to be 120th year shortly" on May 27. Mr Chandrasekaran emphasized that the company "continues to thrive" and is "pushing forward with a lot of new technologies" while expanding globally. He revealed that during a "very good meeting" with the Jharkhand team the previous day, "we announced 11,000 crore investment". He further explained that this investment is aimed at "developing something to reduce the carbon footprint" using a "new process developed".




